July and August Quietness

The months of July and August were quiet except for the ledger recording my regularly scheduled deposits, dividend receipts, and a single trade in August. My trade in August was similar to my solitary trade in June. I simply added to an existing position.

My trade was a BTO of PG on the 5th of August. My reasoning for adding to an existing position of PG is simple. PG is a dividend paying stock that I have a level of confidence that it will continue to pay its dividend. It's a non durable consumer goods company that produces personal hygiene products for a civilized world. Although it has gone down with the softened market this summer, the number of personal hygiene products purchased should start going back up because of teachers/professors and students returning to the personal hygiene aisle as classes come back in session. Yes I am suggesting that some people take a personal hygiene hiatus during the summer.
For now that is all I got. I will continue to look for other opportunities to add to existing positions. I will also look to see if any other stocks meet my dividend paying strategy.

That's my opinion. What's yours? Disclaimer: See bottom of page.
http://investorsopinion.blogspot.com

BTO - Bought/Buy To Open
PG - Procter & Gamble

June Purchase

For the entire month of June I only had one purchase. I added to my CNK position with a BTO under $40. This trade executed on June 29th of 2015.

I chose to purchase CNK because $40 is a recent support level. It is already one of my existing positions. This stocks dividend payout is in line with my long term income strategy. And summer being a movie going season should see a value increase meaning $40 is closer to the lows.

That's my opinion. What's yours? Disclaimer: See bottom of page.
http://investorsopinion.blogspot.com

BTO - Bought/Buy To Open
CNK - Cinemark Holdings Inc

My May Purchases

My last post was for purchases I made in March. Since then I haven't made any purchases in April, but in May I made two, so far. The month of May is not quite over yet for 2015, but that is how I am going to title this post. My purchases  this month were for GSK and CNK.

My GSK purchase was made on May 1st and added to an existing position I had started December 23rd of 2014. As of this posting, I'm down a couple percentage points, but I am okay with that as I am far away from my target position size. There is an adage that starts, "Sell in May and go away...", and to me it suggests that I should focus more on accumulating cash and hold off on additional purchases for the summer. However, after analyzing the chart, $44 looks like a great support area to buy more if the opportunity arises.

My CNK purchase was made May 21st and added to an existing position I had started September 21st of 2012. As of this posting, I'm up 4% overall. As I accumulate cash over the summer, I suspect there may be other opportunities to buy more as the stock has been declining since April. After analyzing the chart, a price of $37.50 looks probable as a base for a turn around or a bounce. I'll be monitoring it for my opportunity to increase my position.

That's my opinion. What's yours? Disclaimer: See bottom of page.
http://investorsopinion.blogspot.com

CNK - Cinemark Holdings Inc
GSK - GlaxoSmithKline PLC

Portfolio Update: Added to an Existing Position

On Monday, August 12th, I added to my existing position of T. My reason for that was because I believe the price to be in the right range for a purchase. Here is how I came to that conclusion.

Fundamentally T is a top rated telecom with high growth, EPS, and revenue with the expectation of continued growth in the coming years. In addition, it has a very attractive yield that, at the time of this post, was above 5%.

The stock has pulled back more than 10% from its 52-week high of 39 USD made on April 23rd. The stock has also created two short term tops on June 13th and July 17th, putting a resistance just below 36.50 USD. At the same time the stocks price has approached and seems to be bouncing away from the upward trend line I charted for it from January 18th through June 21st. As far as other technical indicators, the daily and weekly stochastic and MACD indicators (which are trailing and confirmation indicators) both show that the stock is becoming oversold. Instead of waiting for confirmation, I chose to pull the trigger now for what I think is the lowest price I will possibly get this time around.

Not having a lot of excess cash available I purchased all that I could. It is my belief that this should turn out to be one of my better timed purchases. If not, I still plan on buying more if more funds become available and T remains in this setup. That's my opinion. What's yours? Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

EPS - earnings per share
MACD - moving average convergence divergence
T - AT&T Inc
USD - United States Dollar

Portfolio Update: Continuing the Plan

Since my last portfolio update in June 2013, I have been collecting dividends from my investments and waiting for my next opportunity. Friday, August 2, 2013 was my opening. On that day I BTO an additional 5 shares of AGNC. Doing so has three benefits.

The first is that it reduced my cost average of my position in AGNC. The second is that it brings me closer to an option eligible lot size. And third, it puts me in a position with an increased dividend payout for the next distribution. It is my belief that the stock has bottomed and that a reversal is possible at this price. That's my opinion. What's yours?

Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

AGNC - American Capital Agency Corp
BTO - bought-to-open / buy-to-open

Portfolio Update: Catching Up.

I fell behind some, so this post might be a bit longer than usual. There haven't been a lot of changes. The changes just haven't been posted in a timely manner. So here we go.

I temporarily had to stop funding my account, but will recommence doing so shortly. The last of my funds in the account have been used to make the following purchases in order to increase the payout of my dividend schedule.

On May 3rd, I added to my position of AGNC. My reasoning here is that because it pays out at such a high yield with a lower investment, I can leverage that to help fund the purchases of my other positions. The risk is that the market value is dropping because it missed the last quarter expectations. For that reason it might actually be smarter to move the entire position over to either NLY or CIM. But in those two the focus would be on equity growth where as my focus is more on income with the side effect of growth due to planned reinvestment.

On May 8th, I added to my position of ETP. My reasoning here is much the same as AGNC. There may be better options for growth, but growth isn't my first priority, as was mentioned above.

The market has shown that investors are ignoring the "Sell in May and go away..." rhyme and are continuing to invest. But of course, it is only the middle of may. The second half may turn out differently, but only time will tell. That's my opinion. What's yours.

Disclaimer: See bottom of page. http://investorsopinion. blogspot.com

AGNC - American Capital Agency Corp
CIM - Chimera Investment Corp
ETP -Energy Transfer Partners, LP
NLY - Annaly Capital Management, Inc

Portfolio Update: Two Transactions

April is half over and I've neglected to mention my activity so far. Shame on me. Now I'm going to rectify that.

On April 4th, I STC my entire position in VZ. I originally had two telephone communication companies in my portfolio. But after much consideration, I no longer saw the need to have two telep-co stocks in my portfolio. I chose to keep T and let go of VZ since T had a slightly better yield.

On April 9th, I BTO more of ETP. My reasons for buying more of this one over any other were that it was approaching it's ex-dividend date  for the second phase payouts, and the yield was the highest of all the  second phase stocks in my portfolio.

Those are my reasons for my actions so far this month. If you would like to question it, please do. But in keeping with my moto, which could be the reason I don't get any activity, that is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BTO - bought-to-open/buy-to-open
ETP - Energy Transfer Partners, LP
STC - sold-to-close/sell-to-close
T - AT&T
VZ - Verizon Communications

Portfolio Update: Nothing New

Today I post on the final day of March. Unfortunately there is nothing to report in regards to my portfolio. March was a good month for the stock market, in the US anyway.

The market was so good that all of my limit orders expired because my price was too low for anyone else to accept. I am not discouraged though. I will continue to hold what I have and put in orders at prices I deem acceptable to me. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

Portfolio Update: Position Increased

This post is going to be one of my shorter ones. With the market sell off the day before, I added to my most recently acquired position, BGS. The part I didn't expect was how much BGS would pull back. If I had, I would have put in the order with a lower limit price. I will continue taking advantage of any further sell offs as often as possible. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
BGS - B&G Foods, Inc.

Portfolio Update: First Trade of the Year

The date of this post is the 16th of February, and it has been a while since my last post. About a month and a half. The reason being that I haven't had an order execute this year until yesterday.
Yesterday's order was for BGS. A company with a portfolio of grocery items. I chose this one to add to my portfolio because it has a dividend yield of 3.8% and pays out on the first phase of the quarter. This is particularly good because I only had one other stock that paid out on the first phase of every quarter, AGNC. Other than that, I also collect the monthly distribution from the TLT.
Recently, BGS had a quarter that was below expectations, but I am confident that it is not too serious of an issue. I am actually looking forward to a little more of a short term decline in order to increase my position at lower prices. This lower price will also increase the yield amount for this stock. That is my opinion, you can take it or leave it.
Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
AGNC - American Capital Agency Corp
BGS - B&G Foods, Inc.
TLT - iShares Trust Barclay's 20+ Year

Portfolio Update: Catching up.

So here is the update. In my last post I wrote about rolling my call option on SAND. Since then I have allowed the option to expire worthless. My reasoning being that I lost my faith in it and I want to increase the payouts of my dividend schedule plan further. Because of that I used all further funds in the account to buy more shares in my current positions. But I also sold my position in a low yield stock that I held.

On the 23rd of November, I sold my shares of YUM because I believe the yield is too small for the dividend schedule plan I have for my portfolio. For my plan to work I need bigger payouts. These payouts and the additional funds from the sale of YUM stock will help to accelerate the purchase of more shares of the same stocks I currently hold and a few others I want to add to my portfolio.

On the 27th of November, I bought shares of JNJ. This purchase increased my dividend payout for the third phase of every quarter, which is currently the weaker of the three phases. It also increased my current position of JNJ, a stock I already own.

On the 21st of December, the SAND $15.00 Call option expired worthless. This was a disappointment. I believe the failure is that I bought into it being a cheaper play on gold while gold has been on a three month down trend that has yet to reverse. The hustle over gold might be over since the Mayan Apocalypse didn't happen and there might have been a lot of gold investors who believed in that foolishness.

On the 28th of December, I bought shares of PG. This purchase increased my dividend payout for the second phase of every quarter, the second weakest of the three phases. It also increased my current position of PG, a stock I already own.

The three phases of every quarter are much closer together in strength, now, but maintain their sequential order of strength. My available funds have almost all been depleted as I wait for a scheduled order to be triggered. I will be continuing to fund the account with cash from my day job and monitoring the market for additional investments to add to my portfolio.

That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com


JNJ - Johnson & Johnson
PG - Procter & Gamble Co.
SAND - Sandstorm Gold Ltd.
YUM - Yum! Brands Inc.

Portfolio Update: Long Over Due

It has, once again, been too long since my last post. In the time that has passed there have been seven changes to my portfolio. I have made 5 purchases, 1 sale, and had an option position expire on me. The 4 of the 5 purchases and the one sale were strategic moves to my portfolio. The remaining 1 purchase and option expiration are my speculation plays.

To start I BTO additional shares in my ETP position. This purchase added to my dividend payout for the second phase of each quarter. This was done on the 3rd of October.

On the 8th of October, I BTO a SAND Nov 17 2012 $15 Call option position. This was done as my speculation play. Unfortunately, I have to admit that the decision to get in was poorly timed and selected. I should have waited for the pull back and then choose an expiration further out. As of this post, it is in the red but seems to be showing signs of improvement. I will be holding it until my profitable sale trigger is hit or it's expiration, which is a week away from this post.

On the 19th of October, my speculation play for FB Oct 20 2012 $15 Put options locked and expired. This was again an unfortunate speculation gone wrong. In hinds sight I should have taken my profits when I had them or probably should have chosen to purchase one option closer to the money instead of three so far out of the money. I still think FB is over-priced, but it seems that they are finally accepting that they have to make revenue in order to attract investors and are making changes that will actually create revenue even at the expense of loosing some of there ~1 billion users.

On the 31st of October, I STC my entire position of DE. I made this decision because DE did not fit the minimum yield requirement of my strategy of holding high dividend yielding stocks. Fortunately, I was able to get out with a very small profit.

On the 2nd of November, I BTO additional shares in two of my existing positions, T and VZ. These purchases added to my dividend payout for the second phase of each quarter. As a result I am almost 70% of my phase one dividend payouts, which are currently the largest.

Finally on the 7th of November, I BTO additional shares in my MCD position. This purchase added to my dividend payout for the third phase of each quarter. As a result I am almost 50% of my phase one dividend payouts.

Despite the fact that falling over the "Fiscal Cliff" will result in an increase of the dividend tax rate, I am not going to change my core strategy of building a portfolio of dividend paying stocks. My portfolio is not currently generating enough income to alter my effective tax rate significantly. I will, however, use the fear in the market to build up my positions.

That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BTO - buy-to-open/bought-to-open
DE - Deere & Co.
ETP - Energy Transfer Partners LP
FB - Facebook CL A
MCD - McDonalds Corp
SAND - Sandstorm Gold LTD
STC - sell-to-close/sold-to-close
T - AT&T, Inc
VZ - Verizon Communications

Portfolio Update

In this post, I only have one thing to add. My position in CNK has been added to. This addition increases my dividend payouts for the third phase of each quarter (i.e. March, June, September, and December). This is in line with my current, and most self-relevant, investing strategy.

This strategy quite simple. It is to have a portfolio of dividend paying stocks from well run companies. The dividend payout of each of these stocks have generally predictable payout dates which allow me to spread my picks out into the three phases of each quarter so that I can eventually equalize my expectations.

That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

CNK - Cinemark Holdings Inc.

Portfolio Update

Since my last portfolio update, I have only one change to document. On Wednesday, the 29th of August, I added to my JNJ position. This purchase occurred near the first Fibonacci extension level from it's most recent high. Since then, JNJ has already bounced back up and closed above my purchase price for this position.

As confirmation of my plans for future purchases, I will be focused on adding to my current positions.  The speculation portion of my portfolio continues to be put positions against FB as I didn't sell when my principle was doubled at the beginning of August. Although FB didn't rebound much before starting to go down again. Because it's price is eroding so slowly, I have also watched the value of my puts erode as well. I personally believe FB has much more to go down (Facebook Not Remotely Worth 38$) so I might be able to regain some profitable value before their October expiration. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

FB - Facebook, Inc.
JNJ - Johnson & Johnson

Portfolio Update

I have made a few changes to my portfolio over the past, almost, two months. The first set of changes were made on the 27th of July as I STC my ZNGA position for a loss that I could not bare to see grow any further, as well as my CIM position for the same reason. I need more profitable choices in my portfolio that will pay me dividends while growing or at least hold on to their value. But since speculating keeps me attentive to the market I will do it with options. This way, while I can see more exciting gains from option trades, I can narrowly define my losses better. So for longer term purchases I will be buying stocks, and for excitement trade options.

With the cash I freed by STC my ZNGA and CIM positions, I first BTO, as a trade, Puts against FB. My reasons being that I don't see them bottoming at this current time and that I believe the lockout which expires this week will result in an even lower price. Next I BTO a position into AGNC another REIT with growth and a better dividend than CIM and it's commercial counter-part NLY. These trades were made on the same 27th of July

Finally, on the 8th of August I BTO a position in ETP. I believe the price has become low enough that the dividend yield is too attractive not to buy. I want to continue to add to this position as time goes by but the majority of my free cash is not allocated for positions in a few other stocks to balance out my monthly dividend payout strategy. I will allocate more cash to purchase ETP and the other dividend paying stocks in my portfolio as the capital gets added from my day job. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

AGNC - American Capital Agency Corp.
BTO - buy-to-open / bought-to-open
CIM - Chimera Investment Corporation
ETP - Energy Transfer Partners LP
FB - Facebook, Inc.
STC - sell-to-close / sold-to-close
ZNGA - Zynga Inc.

Portfolio Update

Once again, I have made changes to my portfolio, so here is my portfolio update. Since I have been adding cash to my account, I had enough to make an order. I chose to add to my CNK position in the event that it would pull back to $21.50.

Well, it did. But a little more than I had expected. Apparently the Federal Reserve statements, Existing Home Sales, and Jobless Claims reports this week didn't give the market much solace, even though the European economic scene seems to have stabilized for the moment. But that can change any day.

I will continue to add cash to my account and put in orders to add to my existing positions. I believe the market will be more bearish this summer as Congress continues to perpetrate what they can to force a presidential change this fall by doing nothing that the current president has asked them to do. This is not me saying that I support Barack Obama, nor do I support Mitt Romney. I am of the opinion that Presidents have become nothing more than figure-heads. It is congress that actually has all the real power to help the economy.That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

CNK - Cinemark Holdings, Inc.

Portfolio Update

I am a little behind schedule on reporting my portfolio updates. Since my last update, I have changed some of my opinions a little. I have also added to my account so that I have some additional cash to invest.

First, I have restarted auto deposits into my investing account and my IRA. Both of which are under-funded. I especially have a lot of catching up to do in my IRA. However, further information about that is outside the scope of this post.

Second, I STC my puts against FB. The result was that I raked in ~37% profit on that short trade.

Lastly, I then took the profit and the capital that I had pending for one of my other dividend paying stock picks, CNK, and added to my already existing positions of JNJ and PG. I then re-evaluated the chart for CNK and decided to buy a third of the shares I was planning on at the higher price it was currently around. Unfortunately, CNK has declined a little since I BTO the position today. I am still currently satisfied with my positions. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

BTO - buy-to-open / bought-to-open
CNK - Cinemark Holdings Inc
FB - Facebook Inc.
IRA - Individual Retirement Account
JNJ - Johnson & Johnson
PNG - Proctor & Gamble Co
STC - sell-to-close / sold-to-close

Portfolio Update

Since my last update where I purchased shares in ZNGA, it has tragically declined. However, as one of my few speculation plays, I intend on adding to my position if there next earnings report, indicates improvements I can believe as reasonable expectations.

Also, since my last update I purchased shares of YUM, as it finally came down enough to trigger my limit order. Now I only have one more stock to buy that rounds out my dividend strategy. It, however, seems to be resisting the market pressures better than I expected.

In the mean time I have taken advantage of the opening of FB on the option market to buy put options against it. I am extremely disappointed in its extreme over-valuation. I am expecting continued declines into the low 20s, if not further. That is my opinion, you can take it, or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

FB - Facebook Inc
YUM -YUM Brands Inc
ZNGA - Zynga Inc

Facebook Not Remotely Worth 38$

On Friday, FB IPO'd at 38$. The thing is that they only earned 43¢ per share last year. That puts their current P/E ratio at over 88. Even if we look at foward looking estimates. They are still over priced to a P/E of about 55.
Now lets look at GOOG. They only have a P/E of about 18. So if we do the math of using FB earnings times GOOG P/E we have a relative price for FB of less than 8$. So far, the market agrees as FB price dropped to 31$ and is struggling to not drop any more.
My opinion? I'm putting it to practice. I've put an order in for under 8$. That is my opinion, you can take it, or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com
FB - Facebook, Inc.
GOOG - Google Inc
IPO - initial public offering
P/E - price-to-earnings ratio

Portfolio Update

In my last post I mentioned having two more positions I wanted to open but who's limits were much lower, and that I didn't want to raise the limits any higher with out good reason. That hasn't changed. However, I did make a purchase.

On the 27th I purchased sharers of ZNGA. The position I have now is strill small and only used up the small amount of cash I did not have already allocated for the two other positions. I am still looking for my last two orders to execute later on, possibly during the summer months.

Also, on the 27th, I received a dividend payout from my holding of CIM. This payout makes me feel very positive about the strategy I am using. That is my opinion, you can take it or leave it. Disclaimer: See bottom of page. http://investorsopinion.blogspot.com

CIM - Chimera Investment Corp
ZNGA - Zynga Inc.